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Plan production for a four-month period: February through May. For February and March. You should produce to exact demand forecast. For April and May, you should use overtime and inventory with a stable workforce: stable means that the number of workers needed for March will be held constant through May. However, government constraints put a maximum of 5.000 hours of overtime labor per month in April and May (zero overtime in February and March). If demand exceeds supply then backorders occur. There are 90 workers on January 31. You are given the following demand forecast: February. 80.000: March. 64.000: April. 100.000: May. 40.000. Productivity is four units per worker hour. eight hours per day. 20 days per month. Assume zero inventories on February 1. Costs are hiring. $45 per new worker layoff. $65 per worker laid off: inventory holding. $10 per unit-month: straight-time labor. $12 per hour overtime. $18 per hour: backorder. $24 per unit. Find the total cost of this plan.
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Until a year ago, Dagwood Printing Company had always operated in a centralized computer environment. Now, 75 percent of the office employees have a PC. Outline a plan of action for Dagwood Printing Company to ensure that the proper controls over har..
Fortune magazine creates a list of the top 100 companies to work for. What types of data do you think Fortune analyzed to determine the company ranking? What issues could occur if the analysis of the data was inaccurate? What types of information can..
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